Dairy

Fonterra reduces forecast farm gate milk price

Fonterra Co-operative Group Limited reduced its forecast Farmgate Milk Price for the 2017/18 season from $6.75 to $6.40 per kgMS, and updated the market on its financial results for the first three months of the 2018 financial year.

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ACCC recommends mandatory code of conduct

A mandatory code of conduct should be considered for the Australian dairy industry to address problems caused by bargaining power imbalances between processors and farmers, according to recommendations made by the ACCC in its interim report from its inquiry into the industry.

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Call to address dairy industry power imbalances

The United Dairyfarmers of Victoria is pushing for action to address power imbalances between milk processors and supermarket retailers following the release of the Australian Competition and Consumer Commission (ACCC) interim report into the dairy industry.

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